Company:Promo.com
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| Type | Private |
|---|---|
| Industry | Video creation service Video slideshows |
| Founded | Tel Aviv, Israel Script error: No such module "Date time". |
| Founder | Tom More |
| Headquarters | , |
Area served | Worldwide |
Key people | Tom More (Founder) |
Number of employees | 78 |
| Parent | EasyHi Ltd |
| Website | promo |
Promo.com is a popular video maker and a cloud-based video creation service that is allowing the creation of videos from stock videos, stock photos, video clips, and music.[1] The company has offices Warsaw, Poland, New York City , USA and Tel Aviv, Israel.[2]
History
Promo was launched in 2016-7 by founder Tom More, on the heels of it's successful B2C social photo and sharing app Slidely, a web application for users to create video slideshows from their photos and music.
Promo, which provides access to millions of premium quality video clips from Getty Images and iStock world-renowned partners, pre-edited licensed music and a user-friendly interface for customizing messages and logos. In early 2018 the company won Best B2B Product of the year from Product Hunt, for their video creation service, Promo.[citation needed]
In October 2017, the company announced that it acquired Unstock, a mobile-first marketplace for authentic footage, based in Poland.
In January 2019, the company announced changing its name to Promo.com and moving to a new domain .[3]
In December 2023, Promo.com announced the launch of PromoAI, its automatic video generator, powered by Promo.com, Getty Images and ChatGPT.
Business
Promo.com employs around 50 people as of 2018.[1] In its first year, the company raised $1.5 million in Series A funding[1][4]
To date, Promo.com raised approximately $13 million in funding rounds led by Benson Oak Capital,
In 2021 the company announced an additional capital[5] and debt raise, with participation from Getty Images.[2][6]
See also
References
- ↑ 1.0 1.1 1.2 Perez, Sarah. "Slide.ly Is Bringing Back The Mashup With Its Social Slideshow Service". Techcrunch. https://techcrunch.com/2012/05/17/slide-ly-is-bringing-back-the-mashup-with-its-social-slideshow-service/.
- ↑ 2.0 2.1 "Israeli slideshow app Slidely bags $7.3M to fund mobile plans". VC Post. 11 April 2014. http://www.vcpost.com/articles/23278/20140411/israeli-slideshow-app-slidely-bags-7-3m-to-fund-mobile-plans.htm.
- ↑ "Changing its name to Promo.com". CTEch. https://www.calcalistech.com/ctech/articles/0,7340,L-3754846,00.html.
- ↑ Veena Bissram. "Turn Holiday Photos Into a Video Slideshow With Slide.ly". http://mashable.com/2012/12/27/slidely/.
- ↑ Hatmaker, Taylor (2021-05-25). "Getty Images leads $16M investment in Promo.com, a social video template tool" (in en-US). https://techcrunch.com/2021/05/25/promo-com-getty-images-series-b/.
- ↑ Weber, Harrison (10 April 2014). "Slidely’s 40M users and $7.3M in funding shows slideshows may be sexy after all". Venture Beat. https://venturebeat.com/2014/04/10/slidelys-40m-users-and-7-3m-in-funding-shows-slideshows-may-be-sexy-after-all/.
External links
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